Washington, April 16 (IANS) The US on Thursday called on allies to do more to secure critical maritime routes in the Gulf, saying Washington cannot be expected to shoulder the burden alone amid escalating tensions with Iran. Defence Secretary Pete Hegseth said while some regional partners had supported US efforts, many countries had failed to act when needed.”Other allies have talked a lot and haven’t done anything,” he added, referring to the response during recent hostilities.Hegseth was speak…
Latest Oil shipments News & Updates
Washington, March 7 (IANS) US Treasury Secretary Scott Bessent indicated that Washington could temporarily ease some restrictions on Russian oil supplies and allow India to continue purchasing to stabilize global energy markets during the ongoing Middle East conflict.In an interview with Fox Business, Bessent said the United States had already allowed India some flexibility as global supply disruptions pushed prices higher.“The Indians had been very good actors. We had asked them to stop buyin…